Rekt Edge Reversion band is a technical indicator that utilizes a combination of moving averages and standard deviations to determine optimal entry and exit points in the market. By comparing the current price to its moving average, the indicator identifies potential trends and determines how you can position around them by plotting buy/sell signals and two...
This indicator is a highly customizable moving average ribbon with some unique features. This script can utilize multiple unique sources, including a non-repainting renko closing price. Renko charts focus solely on price movement and minimize the impacts of time and the extra noise time creates. Employing the renko close helps smooth out the MA ribbon....
Signals Indicator Summary This indicator allows traders to have in handy short and long signals and estimate the trend of the market. The indicator draws Long and Short signals depending on the trend analysis. The indicators also use meaningful colors for traders to be able to visually understand the graphs, such us fillings on EMAs, so the possible trend is...
This Indicator dynamically generates and charts Pivot Points, Support and Resistance Lines, Trend Channels and even Rsi Divergences in every market and every time period. While it helps you identify your entry points, stop loss and take positions, it certainly does not include trading signals and trading strategy. Bonus: the indicator contains ema21, ema50,...
Hi Dears! hereby, I present you one of my indicators which is a kind of artistic indicator. It calculates different ranks of functions and based on them suggests a buy or sell order which is depicted on right-side separately. Inputs: (For calculating) +Source: +Length: Number of previous bars in calculation +Topology: ++EMA ++RMA ++SMA ++RSI +OVER BOUGHT RSI:...
The True Range Adjusted Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Jan 2023 pgs 22-27) and this is the latest indicator in his EMA variation series. He has been tweaking the traditional EMA formula using various methods and this indicator of course uses the True Range indicator. The way that this indicator works is that it...
This indicator works with the change of trend of emas When the fast 14 crosses above the 21 this is an uptrend. and when the slow ema of 21 crosses below the slow ema of 14 then we have a downtrend. It is accompanied by the Stochastic indicator that when there is a cross of Emas will give a bullish or bearish signal. Bearish signal When the...
This script is 2 in 1 indicator. 1. Multi Timeframe EMA Labels - This label indicator shows labels for EMA stacked up or EMA stacked down or EMA in sideway trend. - EMA used in this script is EMA 8, EMA 21, EMA 34 and EMA 55. - If the EMA 8 line is above EMA 21 line, and EMA 21 line is above EMA 34 line, and EMA 34 line is above EMA 55 line ( EMA STACKED UP) = the...
So I created the MACD Cross Strategy but not working alone by itself. I added EMA (Exponential Moving Average) filter to improve its winning rate so the MACD Signal only appears when in the same trend direction as Moving Average. The Main Rules for Long Signal are: - MACD Main Line Crossover the MACD Signal Line. - The crossover happens below the MACD...
This script helps you find abnormal bars on the charts. An abnormal bar is a bar that is larger than the adjacent bar by at least 50 percent. The script can search for bars on any time frame. The search for an abnormal bar, is possible in two ways: - on the absolute value, for example - all that is higher than 0.5% is considered an abnormal bar, on different...
This indicator uses momentum, emas, macd trend, probability to find the best entry for both long and short positions. L = Long When the low goes below the green line (ema fast low), close is above open and momentum is up S = Short When the high goes above the red line (ema fast high), close is below open and momentum is down XS = Exit short at potential...
This is my Channel Surfing indicator. It fires Buy and Sell signals based on multiple conditions. You can use EMAs or LSMAs. You will have to check the box of which moving averages to use once you add it to the chart. It plots EMAs or LSMAs using the different sources Close, Low, and High as the channel to surf. It fires a Buy signal if price crosses the...
This is purely an Intraday strategy. 5 ema is used for scalping , while 20 ema is for short term trading, 50 ema is for mid term while 200 ema is used for long term trading. Also, 15 min high and low is market. If candle closes above 15 min high then BUY or candle closes below 15 min low then sell.
Many Fibonacci EMAs are calculated and then tracked using custom-colored candlesticks so that your chart remains very clean. This setup is mainly used for scalping on the 2min. Feniks uses gray candlesticks and then all of the custom-colored candlesticks to know when to react to price action. WARNING: Do your own due diligence and try it out. Also, the script's...
The Exponential Moving Average is the most commonly used indicator in every market. but no one can predict which pair of exponential moving average crossing will work best together. Every instrument require different EMAs crossing. It can be 2 EMA crossings or 3 EMA crossings. Dynamically Adjusting EMA crossing tries to solve this issue. Algorithm finds the...
This is a channel type tool I created, heavily influenced by LazyBear COG Fibs script and the COG Fibs script by Joy_Bangla which also uses LazyBear COG Fib logic. All credit to those guys, publishing this open source as well since its nothing here is my original work really.
In this exciting new indicator...! - You are able to select 6 different timeframes: 1 minute, 60 minute, 1 day, weekly, monthly, anything you please! - With these timeframes, you are able to compare the different tema dema crossing percentages, to know whether the selected or current ticker is in an uptrend or downtrend! - You are also able to formulate your very...
This is the only indicator combing the results of VWAP + 2 SMAs + 2 EMAs. This is a free indicator. Enjoy using it. Kunal Jain